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>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >> there are a number of things that i like in health care reform. one is to make sure that those with pre-existing conditions can get coverage. two is to assure that the marketplace allows for individuals to have policies that cover their family up to whatever age they might like. >> jon: so you're repealing obamacare but you're keeping the good parts of health care, social security, and medicare for current seniors and you're going to keep the employment and you're going to cut taxes by 20% and build more submarines and destroyers that the pentagon doesn't want and tackle our immoral debt and de
>> obamacare ads trillions to our deficits and to our national debt. i will repeal obamacare. >> jon: all right. that's something. and while the statement "obamacare adds trillions to our deficit and to our national debt" is a lie! (laughter) it's a complete lie. (laughter) the point is it's going. we have an immoral debt. while covering people with pre-existing conditions and keeping people on their parent's health insurance is popular, cuts have to be made. >>...
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the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of leadership, as a result of saying the most predictable economic crisis in our countries history and not fixing it, our credit rating was downgraded for the first time in our history. >> we laid out a $4 trillion debt reduction plan over the next 10 years. 4 trillion. we have already passed 1 trillion of it. ladies and gentlemen, these guys vote against everything. not only do they say they don't like a plan, i get that. you don't like our plan. what's your plan? >> tonight congressman paul ryan and vice president joe biden will face off in the only debate
the competitiveness deficit. and we need to recognize that there are many different kinds of deficits, of which the financial deficit is only one. spent i think that's a fantastic ending for your talk today. thank you so much, larry. [applause] >> [inaudible conversations] >> [inaudible conversations] >> [inaudible conversations] >> look at what president obama did on the budget, nothing except the borrow and spend. and as result of the president's abdication of...
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you are going to blow a hole in the deficit that is huge. that will reach the swing voters more than anything i think. >> bill: it's 21 minutes after the hour. join the program and the conversation at 866-55-press. we'll be right back. >> announcer: this is the "bill press show." of this democracy and see your tweets up on our screen. >>now that's politically direct. endless shrimp is our most popular promotion at red lobster. there's so many choices, the guests love it! [ male announcer ] don't miss endless shrimp, just $14.99! try as much as you like, anyway you like. like new teriyaki grilled shrimp. offer ends soon! my name is angela trapp, and i sea food differently. the chill of peppermint. the rich dark chocolate. york peppermint pattie get the sensation.
you are going to blow a hole in the deficit that is huge. that will reach the swing voters more than anything i think. >> bill: it's 21 minutes after the hour. join the program and the conversation at 866-55-press. we'll be right back. >> announcer: this is the "bill press show." of this democracy and see your tweets up on our screen. >>now that's politically direct. endless shrimp is our most popular promotion at red lobster. there's so many choices, the guests love...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ female announcer ] you can always measure the growth of your children by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, charmin ultra strong helps you get clean. plus it's four times stronger than the leading value brand. and you can use up to four times less. good news for even the biggest kids in the family. we all go. why not enjoy the go with charmin ultra strong? [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. overmany discounts to thine customers! safe driver, multi-car, paid in full -- a most fulsome bounty indeed, lord jamie. thou cometh and we thy saveth! what are you doing? we doth offer so many discounts, we have some
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ female announcer ] you can always measure the growth of your children by the way they clean themselves in the bathroom. try charmin ultra strong. with a new duraclean texture, charmin ultra strong helps you get clean. plus it's four times stronger than the leading value brand. and you can use up to four times less....
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he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when republicans have put obstacles up to getting the bills passed. >> why didn't the president fully embrace simpson-bowles when he had the opportunity? he patteded them on the back and said thank you. >> he took much of what was in simpson bowls and create ten-year $4 trillion reduction plan much of what you saw in simpson-bowles -- >> he missed the moment. there was a moment when something might have been accomplished. >> remember, he said, i'm going to take the idea of reducing the deficit by $4 trillion and show you what i would do and he presented that and he ga
he put out a plan for ten dwreerz years to reduce the deficit. he's got a jobs bill sit in congress helping create 2 million jobs and the president's ready to act. the last thing the senate did before it left was to kill the senators on the republican side killed the bill to provide job opportunities for veterans, returning from iraq and afghanistan. so it's difficult to hear some of the claims because the president's been trying to push the jobs agenda for four years and it's tough when...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter "o" and the number zero. also on this half house, the one-night showdown between joe biden and paul ryan, we go exclusively inside how ryan prepped for the big night, and what are the main goals for romney and ryan's camp? what are they, and what do they want to say? let's go to robert costa from the national review online danville, cnbc contributor. the debate sunday way. bob costa as you talked to the romney/ryan people today, what phrases jump out? what do you think he wants to get across in at least a minimal way? >> they want to defend mitt romney's positions. they want to go after the obama economic record and reach out to
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> welcome back to "the kudlow report. "i'm larry kudlow. in this half hour would somebody tell me why barack obama took the past week taking the bait and running against big bird and "sesame street" while his polls it be to plunge? this segment will be brought to you by the letter...
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mitt romney has erased his eight-point deficit and he has turned entitle a four-point lead in that poll. what happened in the race all of a sudden to cause that sort of a jump? well, right here was the first presidential debate that happened last week. so before we had numbers that reflected the post-convention bounce for the democratic side. what you're looking at after that is the post-debate bounce for the republican side. we are actually still experiencing mitt romney's post-debate bounce. it is not over. every new national poll released today shows mr. romney either leading president obama or tied with him. this is what a post-debate bounce looks like. for all the democratic hand wringing going on right now, here's essentially what happened in the last month. the race was tight and president obama got a post-convention bounce and went out ahead and then mitt romney erased that and we are back where we started. democrats are hoping that the mitt romney post-debate bounce ends tomorrow. democrats are hoping that we are about to have a new seismic event in this campaign in tomorrow's
mitt romney has erased his eight-point deficit and he has turned entitle a four-point lead in that poll. what happened in the race all of a sudden to cause that sort of a jump? well, right here was the first presidential debate that happened last week. so before we had numbers that reflected the post-convention bounce for the democratic side. what you're looking at after that is the post-debate bounce for the republican side. we are actually still experiencing mitt romney's post-debate bounce....
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about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood. >> so, mark, that comment comes after several articles pointed out that conservative women organization, particularly susan b. anthony, have basically put out a letter calling out governor romney on his pledge to fight for legislation that is favorable to where they stand on the battle for abortion. >> tamron, we did see from governor romney a market shift in tone in his comments to the des moines register. >> is it being too kind to say a shift in tone? >> that is the way you look at it. he was talking about legislation before him. clearly that is something he wouldn't have said during the republican primary se
about abortion, reproductive rights, they care about issues around the economy, around jobs, around deficit, around education. that's how they are making their case to women. >> well, it's interesting, governor romney was asked again in ohio yesterday to clarify his stance. let me play his latest response. >> i think i've said time and again, i'm a pro life candidate and i'll be a pro life candidate. the actions i'll take immediately will be to remove funding for planned parenthood....
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we touched on the economy but closely related to that is the federal deficit or the federal deficit a major problem on the minds of many viewers. went here want to know what three specific budget cuts he would propose and support? latham: i think in my appropriations bill, it's a good indication of the transportation hud and we have the largest percentage cut meaning the appropriation bill this year, little over $4 billion bus going through individual programs. kevin, i think are importantly long term what we need to do and i have a bill called the less government acts. what this would do would be to apply proven private-sector management tools to the federal government for efficiency. you can reduce about 25% of the cost of administering all of these programs to have the administration much more efficient and have the services come out there and this would go much more to cutting the deficit and the national debt than cutting individual programs. there is no incentive for efficiency in the federal government. >> moderator: congressman boswell? boswell: i i am a long-time soldier and
we touched on the economy but closely related to that is the federal deficit or the federal deficit a major problem on the minds of many viewers. went here want to know what three specific budget cuts he would propose and support? latham: i think in my appropriations bill, it's a good indication of the transportation hud and we have the largest percentage cut meaning the appropriation bill this year, little over $4 billion bus going through individual programs. kevin, i think are importantly...
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you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic pilot for 40%. that means middle income families will suffer. >> but why would -- >> it is a spin proven problem. the deficit is the symptom. spending is the disease. you have to take care of the spending side and once again, brooke, if you look at irs data, you will see that revenues actually increased when we brought down rates because we had more economic activity. >> but congressman, why would -- >> -- to your proposition. >> why would the trickle down theory work this time producing record debt two times before? >> because we ha
you have a debt and deficit hawk. do you worry looking ahead about the debt under romney might explode again similarly? >> well, number one, the deficit is the symptom. spending is the disease. i me, since world war ii, revenues have averaged about 18.5% of the economy. spending is at 20%. now due to the president's policies we have revenue that's gone down due to less economic growth but it's spending that's skyrock skyrocketing. he has it up to almost 25% of the economy and on automatic...
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and so, yes, we should tackle the deficit. and actually the deficit can be seen very much so as a children's issue because they will be paying back, but the fact is people believe we need to be making an investment o that that generation is strong and can fulfill their god-given potential. very strong, and it's bipartisan. democrats, republicans unanimously believe. i will also point out we even asked people who were tea party supporters. on five of the seven measures, the vast majority of tea party supporters opposed cutting children's programs. so two areas where we need to do a little bit of work with them is on head start and on student loans. but on child health medicaid, other issues, they opposed making cuts to children's programs. you have a question? >> morning. i'm bill o'hare, used to work on the kids count project. so i have a special place in my heart for any report that has data in it and i appreciate your efforts and actually have a two-part question if i could. any plan about replicating this in the future in t
and so, yes, we should tackle the deficit. and actually the deficit can be seen very much so as a children's issue because they will be paying back, but the fact is people believe we need to be making an investment o that that generation is strong and can fulfill their god-given potential. very strong, and it's bipartisan. democrats, republicans unanimously believe. i will also point out we even asked people who were tea party supporters. on five of the seven measures, the vast majority of tea...
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he is targeting the deficit. he wants the conversation to get to how much the government is spending and how poorly the economy is doing. the mix should be interesting. i think each candidate will want to push that makes in protect -- in their particular direction host: independent caller, from rockville, maryland. caller: i am probably more of a moderate democrat then i would be considered otherwise. by business owner -- i am a business owner and i am 37-years old. i'm coming to the age where parents seem to be -- where my parents seem to be retiring with medical issues and pensions that seem to be disappearing. we are soon learning the responsibility of our aging parents is falling back on us. in regards to medicare, it will have a grave impact on us. and the economy as a whole. i wonder if this is too sophisticated an issue for the general public to get into. we are seeing how a change to a voucher system could materially impact the ability of the age group between 30-50 and generations below us to sustain an
he is targeting the deficit. he wants the conversation to get to how much the government is spending and how poorly the economy is doing. the mix should be interesting. i think each candidate will want to push that makes in protect -- in their particular direction host: independent caller, from rockville, maryland. caller: i am probably more of a moderate democrat then i would be considered otherwise. by business owner -- i am a business owner and i am 37-years old. i'm coming to the age where...
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balance is we have to get romney to bigger deficit they do not take them and they just received really must get the point across about how it affects him. we love hearing from you. send me an e-mail and gerri@foxbussiness.com. finally, helping the homeless. it has been a growing problem for decades. the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10 new homeless shelters in recent months. chelsea and greenpoint. all of you non-new yorkers out there, residents are fuming, saying that these areas are now unsafe and dirty. bloomberg says it's the nature. with unemployment so high, these people need to go somewhere, but i do find it curious within the neighborhood that i mentioned so far, could ibe because that is where mr. bloomberg lives? that is my "two cents more". coming up tomorrow, as vice president joe biden
balance is we have to get romney to bigger deficit they do not take them and they just received really must get the point across about how it affects him. we love hearing from you. send me an e-mail and gerri@foxbussiness.com. finally, helping the homeless. it has been a growing problem for decades. the big apple has more than 46,000 homeless people in the city, 14% of the nation's homeless population. for some context, l.a. is second with just 3%. as a result, michael bloomberg has opened 10...
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deficit. >> listen, i agree with that. frankly, simpson-bowles is better than anything else we've got so we might as well take it. there's things to like in here. flattening tax rates and getting rid of deductions? i don't think people realize this but simpson-bowles gets rid of the mortgage interest deduction, it gets rid of major tax expenditures that "cost the u.s." revenue each year. dpou that the economy can operate more efficiently. my comment is it's just not very big given the amount of debate that it engenders. >> brian had a wonderful list of all the things people might do, might open up their wallets once they feel they've got cough dense in their leaders. we have a lot of uncertainty right now. we don't know who is going to be in the white house in november. we don't know what's going to happen with the fiscal cliff. once these things are said and done, how much of an economic boost would you expect? how much confidence would it instill? >> it is a good question. i take my hat off to blankfein especially on tha
deficit. >> listen, i agree with that. frankly, simpson-bowles is better than anything else we've got so we might as well take it. there's things to like in here. flattening tax rates and getting rid of deductions? i don't think people realize this but simpson-bowles gets rid of the mortgage interest deduction, it gets rid of major tax expenditures that "cost the u.s." revenue each year. dpou that the economy can operate more efficiently. my comment is it's just not very big...
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the second cost has a $1.7 trillion deficit. the most cynical give a guy in this bill is something we probably all agree on -- we do not think we should cut doctors' 21% next year. we stopped those cuts from occurring every year the last seven years. according to your numbers, this costs $371 billion. it was in the first iteration of all these bills, but because it was a big price tag and made the score look bad, that provision was taken out, and it has been going on in stand-alone legislation. but ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. when you take a look at all of this, it just does not add up. i will finish with the cost curve. are we bending the cost curve down or up? if you look in your own chief actuary at medicare, we are bending it up. he is claiming we are going up $221 billion, adding more to the fiscally unstable situation we have. when you look at this, it is really deeper than deficits or the budget gimmicks or the actuarial analysis. there r
the second cost has a $1.7 trillion deficit. the most cynical give a guy in this bill is something we probably all agree on -- we do not think we should cut doctors' 21% next year. we stopped those cuts from occurring every year the last seven years. according to your numbers, this costs $371 billion. it was in the first iteration of all these bills, but because it was a big price tag and made the score look bad, that provision was taken out, and it has been going on in stand-alone legislation....
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best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with consistent with the dignity of work, the common good, the protection of god's creation. i think this is going to be a debate that the vice president has been preparing really all his life for. it's going to be i think a very historic night and a very sharp contrast between vice president biden's vision for an america where there is more opportunity and congressman ryan who wants to bring us a country of less. >> shep: the maryland governor, democrat, good of you to be here. thank youment our coveraged continues enroute to mr. o'reilley i'm like...yeah, o. little did i know that one week later i wasn't s
best for our nation and our nation's jobs recovery and the sort of choices that would simply drive up deficits or drive up costs on middle class americans by ladling on more tax cuts for millionaires and billionaires. the other thing that i think is going to be at stake in this race is i think you're going to hear a robust discussion about the common good, about what's best for all of us, about what sort of choices we need to make that are consistent with the dignity of every human person, with...
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right now, the giants are hoping to be the first national league team to rally from an 0- 2 deficit. despite the rocky start fans hope for smooth sailing. >> i wasn't going to give up on them but it wasn't anything that you were expecting just, you know, i just thought it was amazing what they did the last two days. >> reporter: there will be no tailgating outside. fans are holed up indoors some at sports bars, some at home and for those at work, well, i have to ask, are you really going to be working today at 10:00? >> i'm going to try. we have a conference room booked up for a meeting but we're going to be watching the game at work. [ laughter ] >> reporter: so you're not going to be working today? >> not for the morning at all. >> reporter: the excitement extends across the bay bridge. the oakland as have its own do or die game tonight. >> at the end of the day we're not supposed to be here. we're both down both teams but, you know, that's the resilience that we have. >> it's more about the city because, you know, we have always been put down kind of and so now we're showing every
right now, the giants are hoping to be the first national league team to rally from an 0- 2 deficit. despite the rocky start fans hope for smooth sailing. >> i wasn't going to give up on them but it wasn't anything that you were expecting just, you know, i just thought it was amazing what they did the last two days. >> reporter: there will be no tailgating outside. fans are holed up indoors some at sports bars, some at home and for those at work, well, i have to ask, are you really...
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s huge deficit was turned into a $300 million surplus under bremer's leadership. he was also the first african- american to sit on the federal reserve board. andrew bremer was 86 years old. >>> a strange twist in the case of a missing girl in colorado. a body was found yesterday seven miles from where jessica ridgeway disappeared last friday on her way to school. now, many assume the body was jessica's, but at a news conference just a few moments ago, authorities said the search for the girl continues. officials acknowledge the discovery of the body but did not provide any information about that body. authorities believe that jessica was abducted. >>> just two days after jerry sandusky was sentenced for molesting 10 young boys, there is word this morning that his $59,000 annual pension has been revoked. the news comes as we learn more about the letters that the former penn state assistant football coach and his wife sent to the judge before his sentencing. in them they both portrayed themselves as victims of a conspiracy and wrote that the justice system let them
s huge deficit was turned into a $300 million surplus under bremer's leadership. he was also the first african- american to sit on the federal reserve board. andrew bremer was 86 years old. >>> a strange twist in the case of a missing girl in colorado. a body was found yesterday seven miles from where jessica ridgeway disappeared last friday on her way to school. now, many assume the body was jessica's, but at a news conference just a few moments ago, authorities said the search for...
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this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this is up the ante for tomorrow night, fox business will continue to cover the crucial debates, tomorrow. vice president one in milwaukee. joining us tomorrow is sarah palin, many, many more. and that fiscal cliff, more like a bunny slope. "new york times" and saying, ronald reagan a former budget chief said, that is wrong. you should be worried if the times says that is right, david stockton here, and only here. but first the irish calling for another round, not of beer, of oil, more drilling, how ireland is drilling us under the table. if you think we're close to following, you better dri
this president prom -- demagogues against a $400 billion deficit now we have over a trillion. he was very negative on the debt put on over the previous 8 years, now we put on 6 trillion. i mean, you know we have not seen the policies that were promised. i think that issue is we want to make sure as a business community whoever is in the white house, that the promises are met, and we have an environment that is once against friendly to american job creation. neil: steve thank you very much. this...
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he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway any voters? the vast majority tell us they made up their minds before the debate. joining me now, lee, director of the marist poll. that's what i want to start off with. i thought it was remarkable that we're talking single digits here, 7% in florida, 7%, 6%, in these three states that said the debates mattered. among that small sliver of people, they all favored romney for those that say debates mattered. >> this is what we've been saying throughout the campaign. this electorate who picked sides early, the undecided has been low, those firmly committed to a candidate has been very high. a
he's turned a 2% deficit to an edge. florida, a one-point race before is still a one-point race. president up 48-47. before the debate, the president led 47-46. in ohio, the president maintains a shrinking but substantial lead. he has a six-point advantage, leading romney 51-45. the big difference, early voting. there in ohio, nearly one in five respondents tell us they've already voted. and if those who have voted, almost two-thirds have voted for president obama. and did the first debate sway...
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he loves to talk about the deficit and the budget. the fact is, i wonder if there is a line between his energy and his enthusiasm and some constraint and the desire for most of us to hear and speak about other topics as well. and to do so with fresh and new language. can he overdo the youthful enthusiasm and what could quickly become under budget, a johnny one note approach? >> i think he can. i have known him for 20 years. he is very funny and very intelligent. he is more than a one-dimensional budget geek. he needs to do the exact same thing that governor romney them. show a warm and different side of the personality. they win by doing that. lou: ron christie, chris stirewalt, thank you. up next, it appears to be open season on our embassy in the middle east. the latest on the terrorist attack and murder of the chief of security for the u.s. embassy in yemen. and things looking somewhat suspect over at the labor department. what is going on with this government? you know, i will tell you right now, it's not a conspiracy. but man, it
he loves to talk about the deficit and the budget. the fact is, i wonder if there is a line between his energy and his enthusiasm and some constraint and the desire for most of us to hear and speak about other topics as well. and to do so with fresh and new language. can he overdo the youthful enthusiasm and what could quickly become under budget, a johnny one note approach? >> i think he can. i have known him for 20 years. he is very funny and very intelligent. he is more than a...
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more importantly, he was the lead negotiator for the president during the deficit conversations. and so congressman ryan will not be able to say i'm the budget guy. biden will be able to say i was once sitting across the table from speaker john boehner, having those discussions. >> maybe that bodes well for some kind of hechft and substan. >> absolutely. >> and foreign policy, right? >> yes. biden will relish saving the president's butt. >> they are a little nervous. >> you think? >> joe biden -- little nervousness there. >> shirtless joe biden on the podium. >> my eyes are burned, i believe. >> if heas a good night he will walk off and tell the president, yeah, you owe me for that one. >> sparkling. >> of course. >> you should drink every time they mention scranton. you will be drinking. >> what about middle class? i think you would not even make it through the debate if you drink every time they say middle class. >> you want to be sober, they won't say poor. you will not hear poverty. >> how about every time they mention their parents? >> you're drinking. no question. >> middle
more importantly, he was the lead negotiator for the president during the deficit conversations. and so congressman ryan will not be able to say i'm the budget guy. biden will be able to say i was once sitting across the table from speaker john boehner, having those discussions. >> maybe that bodes well for some kind of hechft and substan. >> absolutely. >> and foreign policy, right? >> yes. biden will relish saving the president's butt. >> they are a little...
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you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing obama-care but keeping the good parts of healthcare, social security and medicare for seniors and you're going to build more submarines and destroyers than the pentagon wants, i want to ask you a question. are you a wizard. >> i'm not going to layout a piece of legislation here. >> we can't wait to walk you through all the details math point by math point. there are some tricky--sasquatch tricky--sasquatch. sasquatch, you come here! you come here, no, no, yeti. >> hi there, it's a trolley. it's on the way to the neighborhood of make believe. that's
you wouldn't add to the deficit. let's go through how you would do that. >> romney ryan campaign we're very excited about all the details of our new tax plan. it's thick with arithmetic, math, and the sorts of things we haven't had time to walk the american people through. so let's do that right now and just take a hard look at these numbers. [ screaming ] >> what i want to do is make it simpler, fairer. i want to encourage the economy to grow again. >> so you're repealing...
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bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the last two years. some of your big trading partners like spain, ireland, italy are separating less by us. it makes it harder for us to pay off our debt. but here is the crucial thing you need to know. yes it is worse than we thought and yes it is taking longer but we are making progress thanks to the good result of george osborn we've cut off the deficit. 25%. that has helped to keep our interest rates at record low levels. keeping the market is low. more money in your pockets, giving businesses more confidence to invest, creating more jobs. and if you don't bel
bye getting the deficit down is the essential for those things. that is why our deficit reduction plan is not an alternative to a great plan, it is the very foundation of our great plan. it is the only way that we will get to britain on the rise. now, i know that you are asking whether our plan is working and here is the truth. the damage was worse than we thought and its taking longer than we hoped. the world economy, especially in the year autozone has been much weaker than expected in the...
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it's called the deficit. 1,100,000,000,000 bucks. what do you think that is? >> you can't solely tax your way out of it. raises taxes doesn't do a darn thing to change the demographics of a country. or the fact that health care is growing at a faster gdp. you also can't solely cut your way out of it without hurting the truly disadvantaged or without making such significant cuts in education and infrastructure, energy and research that we're not competitive in a knowledge-based global economy. >> i want to ask you, because a lot of this is predicated -- >> can i say one thing on that? >> yeah. >> even if it was a matter of economics you could live life on one extreme or the other. as a matter of political reality you can't. the country is divided on this. whoever wins the election i hope they realize that you have to bring the entire country with you. you have to do this in a bipartisan way. or else we're going to be a very volatile system as we go from one extreme to the other extreme as the parties trade tenures in office. whoever does this is going to have t
it's called the deficit. 1,100,000,000,000 bucks. what do you think that is? >> you can't solely tax your way out of it. raises taxes doesn't do a darn thing to change the demographics of a country. or the fact that health care is growing at a faster gdp. you also can't solely cut your way out of it without hurting the truly disadvantaged or without making such significant cuts in education and infrastructure, energy and research that we're not competitive in a knowledge-based global...
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now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had trillion-dollar deficits. >> yep. >> all four years. what's the cause of that? >> well, the cause of that is clearly stimulus spending but also a lack of revenue. the revenue numbers that we had projected were much, much greater. you know, unemployment is responsible for that. lower taxes are responsible for that. and the obama administration has lowered taxes consistently. it's brought in less revenue. >> let's look at the question about the dow jones average. it's fascinating. this president has been seen as being hostile to wall street. wall street believes that wall street has been treated
now, what's interesting about the budget deficit is where it actually comes from. i think a lot of people presume that the stimulus is responsible for most of that. and in fact, it's not true. if you look at our deficit and our debt, the debt number between 2001 and 2010 has gone way, way up. 17% of that is the bush tax cuts. about 12%, 13% of that are the wars in iraq and afghanistan. the stimulus is responsible for 7%. >> okay. so over the past four years, though, we've had...
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and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central bankt printed this much money. neil: you don't think it can walk back the graveya much longer. >> i don't tnk so. neil: okay, if you have a lead suit, you buy it. david stock man, ronald reagan budget director. makes you think, you know we don't off don't this, we don't go long with a lot of guests, some we make an extension for, mr. stock man is among them, either agree or disagree, he makes you think. >> thank you. neil: we have a lot more after this, including with the spark miles card from capital one, thor's couture gets the most rewards of any small business credit card. your boa! [ garth ] th
and we' telling washington, you are running a trillion deficit for a fourth year in a row. you can borrow money almost for nothing, why not wait another year or two, who wants to take the fall? who wants to take the politic heat if you can borrow money from 70 basis pois for 5 years, that is what they are doing now. neil: building another bubble? >> a debt bubble. neil: bursthen a depression. >> i don't know, we've never been there before, we never had a tral bank tha -- central...
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he said he was going to cut the deficit in half. that is trust. if a politician changes his position on issues do you see it as a cynical exercise? >> no. listen, i hear what you are saying. i think it is possible to learn things about legislation and determine things as you go through lift and you can change your mind. yes, i think that is possible. but what i don't think is possible is for a president to made grandious promises knowing the condition of where we were headed saying that he would fix this economy not even coming close to his promises, that is different. i would say this is a record of makes and breaking promises. and that is why you can't stand in front of a debate moderator for 90 minutes and make the case for the people. he didn't have a bat night, he is not capable of bringing a game. >> thank you for joining me. here now with the other side is debby. doesn't he have no game? >> well, you know, it is not surprising that my counter part is being critical of president obama when he's got his own candidate as you said this isn't et
he said he was going to cut the deficit in half. that is trust. if a politician changes his position on issues do you see it as a cynical exercise? >> no. listen, i hear what you are saying. i think it is possible to learn things about legislation and determine things as you go through lift and you can change your mind. yes, i think that is possible. but what i don't think is possible is for a president to made grandious promises knowing the condition of where we were headed saying that...
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worse by austerity warning governments that increasing economic output should be put ahead of meeting deficit targets in other words governments need to be growing economies and not contract ing that she specifically urged policymakers in the eurozone to give greece more time to meet spending cuts goals to soften the impact of austerity according to data from the i.m.f. world economic outlook the eurozone nations that embraced austerity like greece portugal and spain have seen their economies contract far more than yours or nations that haven't so let's hope austerity happy republicans in the united states paul ryan who's debating tonight are paying attention to the harm their policies are causing across the atlantic. so let's assume you think your neighbor is a terrorist and you just need to find the evidence so you know you sort open his mail and you wiretap his phone and you climb through his window when he's at work and check his internet search history well guess what would happen if you did all these things and got caught. you go to jail these are federal crimes but now let's assume you
worse by austerity warning governments that increasing economic output should be put ahead of meeting deficit targets in other words governments need to be growing economies and not contract ing that she specifically urged policymakers in the eurozone to give greece more time to meet spending cuts goals to soften the impact of austerity according to data from the i.m.f. world economic outlook the eurozone nations that embraced austerity like greece portugal and spain have seen their economies...
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he has turned a two-point deficit last week into a one-point lead 48-47. in ohio, the president still leads, but romney gained two points since last week to shrink the gap 51-45. in florida, it is just a one-point lead for the president, 48-47. >>> romney is elaborating his position on abortion. his clarification comes after an interview earlier this week with a newspaper in iowa. the republican presidential nominee told "the des moines register" that if elected, he would not pursue abortion-related legislation. reporters asked him about that comment during a campaign stop in ohio. romney spelled out steps he'd take on the abortion issue. >> i think i said time and again, i'm a pro life candidate, i'll be a pro life president. the actions i'll take immediately are to remove funding for planned parenthood. it will not be part of my budget. >> the obama campaign says romney is hiding his true positions on women's issues and would support banning all abortions. today president obama taking his campaign to florida. he'll travel to miami this afternoon and hold
he has turned a two-point deficit last week into a one-point lead 48-47. in ohio, the president still leads, but romney gained two points since last week to shrink the gap 51-45. in florida, it is just a one-point lead for the president, 48-47. >>> romney is elaborating his position on abortion. his clarification comes after an interview earlier this week with a newspaper in iowa. the republican presidential nominee told "the des moines register" that if elected, he would not...
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no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today. followed by the nats and cards at 4:00. yankees and close it out against the os and tigers and as all or nothing for those two teams in oakland tonight. >>> well in cycling, the legacy of lance armstrong took another substantial hit yesterday. the u.s. anti-doping agency released 1,000 pages of what it called overwhelming evidence against armstrong and his former cycling team regarding doping charges. 11 of armstrong's former teammates testified against him claiming armstrong not only participated himself in doping but demanded his teammates follow his lead or leave the team. ceo
no team has ever come back from an 0-2 deficit by winning three game on the road. the giants have a chance to do it tonight. the reds still have not won a play-off game, a home play-off game in 17 years. nats hosting the cardinals in game three. second inning, cardinals up one. edwin jackson for a three run home run. cardinals win 8-0. st. louis leads that series 2-1. they can put the nats away today. all eight teams on the field. giants and reds play game five at 1:00 eastern time today....
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we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. massachusetts. here is why. it keeps lopping off 10%, 15%. we need to use this opportunity to think about the military we need going forward in the 21st century. here is what i am prepared to do. i am prepared to get out there and fight, to talk about what the c5 galaxy means. giant planes and take big groups disaster relief all run the world. that is why there should not be a penny of cuts there. the cuts need to be in the cuts need to be in places like the standing army. we do not need the same size standing army as we did when we were fighting two wars. what we need to do is we
we have a big deficit. when senator brown and other republicans take the grover norquist pledge, and they say they will not raise money for millionaires and billionaires, they will not close the oil subsidies, what they are saying is they are just not serious about cutting the deficit, bringing the budget back into across-the-board cuts. those cuts for the military is the worst possible way we could go. it is bad for the country. massachusetts. here is why. it keeps lopping off 10%, 15%. we...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance -- taking care of your family's future expenses if something happens to you. it's easy. we get to know you and your needs, then give you our best quote and our competitors'. you choose and save up to 70%. that could mean $250,000 of coverage for just $15 a month. we offer plans with no medical exam, and we've been in business for over 100 years. call fidelity life. ♪ or visit fidelitylife.com for your free quote. [ horn honks ] hey, honey. do we have life insurance? ♪ [ male announcer ] or visit fidelitylife.com to secure your family's future today. >>> tonight's debate will cover both dome
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? [ male announcer ] you start your day... love you, too. ...thinking about what's important to you -- your family... ...the mortgage... the kids' college tuition. [ cellphone ringing ] but life insurance? [ horn honking ] life is unpredictable. that's why at fidelity life we want you to think about term life insurance...
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because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> tonight's debate will cover both domestic and foreign policy, so expect to hear more about last month eye deadly terror attack that killed chris stevens and three other americans in libya. it was the subject of a heated hearing on capitol hill. >> this was never about a video, it was never spontaneous, this is terror. and i want to know why we were wlid lied to. >> on my honor, no, none, political pressure was applied to me in this case by anyone in the state department, at the national security council or at the white house. >> at a white house oversight committee hearing, republicans accused of obama administration of a cover up. the committee heard from two men who had previously protected ambassador stevens. they said their repeated requests for more security were turned down. >> we were fighting a losing battle. we couldn't even keep what we had. we were not even allowed to keep what we had. >> it
because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >>> tonight's debate will cover both domestic and foreign policy, so expect to hear more about last month eye deadly terror attack that killed chris stevens and three other americans in libya. it was the subject of a heated hearing on capitol hill. >> this was never about a video, it was never...
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the issues facing the campaign of the war-peace issues, the problems of deficits, trade deficits, we are facing a $120 billion trade deficit in this country. we are facing problems with the environment. and in what we will be doing over the next several weeks, and i'm absolutely delighted the league is sponsoring these debates and we are able to speak to the american public and address the issues in a way such as this and i think you're going to see a change. >> vice-president bush, you have one minute for a bottle. >> i was glad to get that vote of confidence from mrs. ferraro on my economic judgment. let me make a statement on the economy. the other day, she was in eggplant and she said to the workers why are you all voting for the reagan-bush ticket? and there was a long, deathly silence. and she says we delivered. that's the problem. not blaming her, except for the liberal voting record in the house, they delivered. they delivered 21.5% interest rates. they delivered what they called malaise. they delivered interest rates that are off the charts. they delivered to come pace, chec
the issues facing the campaign of the war-peace issues, the problems of deficits, trade deficits, we are facing a $120 billion trade deficit in this country. we are facing problems with the environment. and in what we will be doing over the next several weeks, and i'm absolutely delighted the league is sponsoring these debates and we are able to speak to the american public and address the issues in a way such as this and i think you're going to see a change. >> vice-president bush, you...
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will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate david cameron is calling the british public into thinking that he's actually really cutting back at the levels of debt you know and it's not true i think that the david cameron and george osborne combination. together a coalition telling us they were going to deal with debt in this country they have absolutely failed to do so they haven't dealt with the deficit they haven't got growth coming back into the british economy a lot of the thing is a dramatic failure and unless things turn around that i think the conservative party is in for a really terrible res
will miss its deficit targets this year for leader of the u.k. and dependents party says david cameron's policies are not bringing any meaningful change to the recession ravaged economy. you know when david cameron talks about a stare as he what he fails to tell you is that we continue every year to run a massive budget deficit and by the end of his five years as prime minister but nationally deaths in the u.k. will have increased by fifty percent so i think we'll have an entirely false debate...